Fidelity Top Stories
Friday preview: Importance of May's Brexit speech 'cannot be over-emphasised'
Theresa May's Big Brexit Speech in Florence may dominate the narrative on Friday, though for traders and investors there's PMI surveys and one from the CBI, with results from Sage and Smiths Group.
S&P cuts China's sovereign debt rating to A+
Standard & Poor's cut its rating on China's long-term debt rating following a prolonged period of strong credit growth that has increased the country's financial and economic risks.
Chancellor given more Budget freedom as public deficit lower than forecast
Public sector borrowing was lower than expected in August, as government spending remains depressed by austerity programmes but allowing the Chancellor's a little room for a fiscal boost in his forthcoming budget.
Federal Reserve to start taper in October, nudges rate forecast lower
America's central bank has stuck to script - or almost - announcing it will begin to taper the size of its balance sheet next month while keeping the target for its main policy interest rate unchanged at between 1. 0% and 1. 25%.
Rationale for asset purchases now gone, ECB's Knot says
The stronger euro reflects the relative strength and stability of the single currency bloc's economy, a top European Central bank official said.
Bank risks policy mistake by hiking in November, Credit Suisse says
Credit Suisse changed its rate call for the Bank of England to a hike in November, adding that it would be a 'one-off' and was likely to be a "big" policy mistake.
Theresa May preparing €20bn Brexit bill offer - reports
Theresa May is preparing to offer the EU €20bn to settle a post-Brexit divorce bill with the bloc, according to reports ahead of the Prime Minister's speech in Florence on Friday.
Donald Trump accused of 'hate speech' in UN address
Donald Trump was denounced by several member nations after his first major speech at the United Nations.
UK retail sales surge shows consumers resilience, lifting sterling
UK retail sales spiked higher on the back of inflationary pressures and increased sales volumes in August, official figures revealed on Wednesday.
OECD upgrades eurozone and China growth forecasts; UK and US unchanged
Forecasts for growth of the eurozone and China have been upgraded by the OECD, as global growth increases this year and next.
Boris Johnson denies reports he plans to resign within the week
On Tuesday afternoon, Boris Johnson denied that he had been preparing to resign by the end of the week as rumours circulated that a rift had formed between the Foreign Secretary and Prime Minister Theresa May over their Brexit strategies.
Wednesday preview: Fed to announce policy tightening, UK retail sales due
Results from Kingfisher and Babcock, followed by official data on UK retail sales will for many traders prove only an hors d'œuvre for the US Federal Reserve's policy announcement late on Wednesday.
Advanced economy growth may boost global GDP even longer, Oxford Economics says
Oxford Economics predicts advanced economies such as the USA, Eurozone, Japan, UK, Canada, Australia and Switzerland, will give global GDP a larger than expected boost this year.
Trump to call on UN to take action against Iran and North Korea
Donald Trump will call on the United Nations to take action against Iran and North Korea in his first speech at the UN General Assembly on Tuesday.
Brexit to be inflationary, BoE's Carney says
Brexit will be inflationary in the short-term, the head of the Bank of England said as he reiterated the Monetary Policy Committee's recently adopted stance that some withdrawal of accommodation is likely to be appropriate over the coming months.
Boris Johnson accused of 'misuse of official statistics' by chief UK statistician
Boris Johnson has come under fire after a 4,000-word opus on a post-Brexit utopia penned by the Foreign Secretary was published on Friday evening, throwing him firmly back into the Brexit fray.
Police treating Parsons Green explosion as terror attack
Several people have been injured at the Parsons Green station of the London Underground after an explosion on a train in West London.
Pound soars above $1.35 after speech from MPC's Vlieghe
The pound has surged after Bank of England policymaker Gertjan Vlieghe reinforced the message that interest rates could rise before the end of the year.
South Korea fires response after North Korea launches missile over Japan
North Korea fired a ballistic missile through Japanese airspace shortly before 2300 BST on Thursday evening, raising already heightened tensions in the region.
MPC stays put on Bank Rate by 7-2, signals removal of some stimulus
Bank of England signalled on Thursday that it might take back some of its stimulus relatively soon; "in coming months" to be more exact, leading at least a few economists - but not all - to the conclusion that a hike in Bank Rate might be on the cards for as soon as next month.